Danantara’s Lean Regimen to Purge Excess SOEs

Danantara’s Lean Regimen to Purge Excess SOEs

Danantara is merging companies under its umbrella in order to create a leaner, healthier lineup of SOEs.

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Rabu, 13 Agustus 2025 | 13:30

Bisnis.com, JAKARTA — Indonesian sovereign wealth fund Danantara is merging companies under its umbrella in order to create a leaner, healthier lineup of state-owned enterprises (SOEs).

Most recently, Telkom announced its plans to consolidate its business lines as per Danantara’s direction to trim subsidiaries from the current 60 to 22 companies.

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